Latest updates, press releases, and insights from the volatile world of digital assets.
The fifth-largest U.S. commercial bank executed a real-value transfer between its North American and European entities, testing full stablecoin controls while keeping traditional banking safeguards in place
Iran’s central bank has relaxed foreign-exchange rules, enabling businesses to settle cross-border payments and repatriate earnings with Bitcoin and USDT as traditional banking channels remain restricted by U.S. measures
Jack Dorsey’s payments firm applies to create Builders Bank & Trust as an uninsured national trust bank focused solely on custody and fiduciary services for digital assets
Major lenders offer up to 28 digital assets to clients while reporting zero proprietary holdings, following a sharp rise in national transaction volumes and clearer regulatory rules
The Bangko Sentral ng Pilipinas has released a draft circular seeking a temporary halt on new operator of payment system applications while introducing stronger controls on arrangements involving virtual asset service providers
Singapore’s DBS and Citi executed a live cross-border dollar transfer on September 5 using tokenized deposits, settling in minutes outside traditional banking hours
Thirty institutions disclosed a combined $74.9 million in positions across three U.S.-listed Hyperliquid ETFs as of the end of June, according to quarterly filings reviewed by Bloomberg Intelligence
Media personality claims governments could target crypto and other private holdings during systemic stress, while an XRPL validator calls the remarks overstated and notes existing legal limits
Brad Garlinghouse points to months-long transfer of 86 tonnes of gold, mostly via paper trades, as evidence that traditional systems lag modern technology and blockchain alternatives
The fintech gains preliminary clearance to form Revolut Bank US, targeting a 2027 launch pending further federal approvals and planning deposits, credit, and stablecoin services
